Main
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$899,900

Main

Cornwall, Prince Edward Island, C0A1H0

Active
1.18
Lot (sqft)

Description

Prime Commercial Development Opportunity in the Town of Cornwall An exceptional opportunity awaits with these two adjoining vacant lots, strategically located on Main Street in the heart of Cornwall, one of Prince Edward Island's fastest-growing communities. Together, these parcels offer approximately 1.18 acres of level, cleared land, perfectly suited for a wide range of commercial or mixed use development options. The lots enjoy excellent visibility and high daily traffic exposure, providing an ideal setting for retail, office, or multi-unit projects. Zoned C1,General Commercial, this property allows for a broad range of permitted uses including retail stores, service shops, professional offices, financial institutions, restaurants, and entertainment establishments. The zoning also supports mixed-use developments combining residential and commercial spaces, offering flexibility for investors and builders looking to capitalize on Cornwall's continued growth and strong market demand. The site benefits from municipal water and sewer services, is walkable to schools, grocery stores, restaurants, and professional offices, and sits among a thriving mix of businesses and established residential neighborhoods. With excellent road frontage and convenient access to the Trans Canada Highway, this location ensures maximum exposure and accessibility for any future development. Cornwall's population and commercial base continue to expand, making opportunities like this increasingly rare. Whether you are looking to develop a standalone business, multi tenant retail plaza, or a mixed use project, these properties offer the perfect foundation for a successful investment in one of PEI's most dynamic communities. Listing Agent is the property owner. Co-Listing Agent is related to the owner. (id:60351)

Overview

Property Typeresidential
Sub-Typevacant land
StatusActive
MLS #202527564

Fees & Taxes

Annual Taxes$1,886 (2025)

Listing Information

MLS#: 202527564


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$179,980
5%20%50%
Estimated Monthly Payment
$4,002
/month
Mortgage
$719,920
Total Interest
$480,545

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$14,473
Total Due on Closing$14,473

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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